Grants
New Jersey Manufacturing Voucher Program
The New Jersey Manufacturing Voucher Program (MVP) empowers the state’s manufacturers to innovate and grow. Offering grants of up to $250,000 for advanced equipment, MVP accelerates efficiency and productivity.
For
Assists manufacturers that intend to purchase equipment that integrates advanced or innovative technologies, processes, and materials.
Benefit
Provides equipment grants sized at 30 percent-50 percent of the cost of the eligible equipment (including installation) up to a maximum award amount of $250,000. The program also offers bonuses focused on certified woman, minority, veteran-owned businesses, businesses in opportunity zones, and companies that have a collective bargaining agreement in place.
Details
The MVP offers vouchers valued at 30 to 50 percent of the cost of eligible equipment, including installation, up to a maximum award amount of $250,000. The program focuses on manufacturers within targeted industries that will use purchased equipment to integrate innovative technologies, processes, and materials to improve the efficiency and productivity of their manufacturing business. Both for-profit and not-for-profit companies are eligible for vouchers.
Commission on Science, Innovation, and Technology Grants
The Commission on Science, Innovation, and Technology Grants propels New Jersey’s early-stage companies with up to $150,000 in funding. Focus areas include technology R&D, life sciences, and maternal and infant health, fostering innovation into market-ready solutions.
The Catalyst R&D Voucher Program
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The Catalyst Seed R&D Grant Program
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The Maternal and Infant R&D Grant Program
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Audible’s Newark Business Attraction Grant
Audible’s Newark Business Attraction Grant offers up to $250,000 in non-dilutive grants for startups aiming to relocate or expand to Newark, covering fit-out costs, rent, or mortgage for two years, with additional cloud computing funds.
For
Audible’s business attraction efforts target startups with at least 10 employees, at the seed or Series A stage, and which are looking to expand or relocate to Newark.
Benefit
Up to $250,000 in non-dilutive grants over two years for fit-out costs or rent/mortgage payments for businesses looking to expand or relocate to Newark. Additional funding may be provided to cover the cost of cloud computing for the first year.
